Retirement plan

GREATER KANSAS CITY COMMUNITY FOUNDATION 401(K) RETIREMENT PLAN

Name: GREATER KANSAS CITY COMMUNITY FOUNDATION - GREATER KANSAS CITY COMMUNITY FOUNDATION 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: GREATER KANSAS CITY COMMUNITY FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREATER KANSAS CITY COMMUNITY FOUNDATION 401(K) RETIREMENT PLAN, GREATER KANSAS CITY COMMUNITY FOUNDATION

GREATER KANSAS CITY COMMUNITY FOUNDATIONEIN 43-1152398Plan #001PY 2017

1055 BROADWAY, SUITE 130 - KANSAS CITY, MO 64105816-627-3430

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.8M

+13.0% from 2016

Total participants

-11.1% from 2016

Average account balance

$98,297

+28.7% from 2016

Annual return

14.57%

+6.79 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$18.50M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$158K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

117

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.26%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$7245

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J2F2G3D3H2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$892K

$14628 / participant

Other / not subdivided$892K100.0%

% of EOY assets

11.490%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$98,297

$53,128+85.0%

$86,582+13.5%

$70,126+40.2%

Participation rate

98.4%

65.3%+33.1pp

73.5%+24.8pp

69.5%+28.8pp

Annual return

14.57%

27.66%-13.1pp

965.08%-950.5pp

73.15%-58.6pp

Employer contribution / active EE

$7,872

$2,068+280.7%

$2,839+177.3%

$2,343+236.1%

Participant deferral / active EE

$4,709

$2,695+74.7%

$3,609+30.5%

$3,332+41.3%

Admin fee / account holder

$11,295

$3,584+215.2%

$4,904+130.3%

$4,645+143.1%

GREATER KANSAS CITY COMMUNITY FOUNDATION 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREATER KANSAS CITY COMMUNITY FOUNDATION 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion